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Investment Highlights

  • Prime Chelsea location with easy access to Penn Station, Herald Square, and multiple subway lines.
  • Historic loft building featuring open layouts and abundant natural light through oversized operable windows.
  • Proximity to a vibrant mix of dining, retail, and hospitality venues surrounding the property.

Executive Summary

Located in Manhattan’s Chelsea neighborhood, 143 W 29th Street provides a unique opportunity to own a historic office condominium property near Penn Station. This 12-story building is designed with flexible floor plates and features loft-style layouts, ideal for businesses seeking creative, collaborative environments. The property includes abundant natural light from oversized windows, hardwood floors, and impressive interior architectural details that create a distinct aesthetic appeal. Positioned within walking distance of multiple transit options including Penn Station, Herald Square, and several subway lines, the building offers seamless connectivity across the metro region. Its M1-6 zoning accommodates a range of uses, from office to showroom or light distribution. The surrounding district is bustling with dining, hospitality, and retail amenities, making it an attractive choice for investors targeting long-term stability in a high-demand corridor.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit Full Floor
  • 5,255 SF
  • Office
  • Upon Request
  • $158,368.80 CAD
Sale Type Investment or Owner User
No. Parking Spaces 1
Sale Conditions Lease Option
Description
This 12th Floor unit with an atrium, skylight, entrance, and rooftop access, with natural light coming in from all sides, is just a few blocks from Penn Station. It is currently built out with semi separated office desks and built out private offices, one conference room, 3 bathrooms, and one shower. This space is perfect for the office, medical company or investor looking for a prime top floor unit! Landlord open to signing a 1 - 10 Year lease. **6% Co-Broke**
Call Eric at 917-755-0307
Monthly maintenance:
$2,247.92.  
Taxes:
June 2022; $22,033.67
Dec 2022;   $21,572.82

**6% Co-Broke**
Sale Notes
Monthly maintenance:
$2,247.92.  
Taxes:
June 2022; $22,033.67
Dec 2022;   $21,572.82
Unit Unit Size Condo Use Price NOI
Unit Full Floor 5,255 SF Office Upon Request $158,368.80 CAD

Unit Full Floor

Unit Size
5,255 SF
Condo Use
Office
Price
Upon Request
NOI
$158,368.80 CAD

Unit Full Floor

Unit Size 5,255 SF
Condo Use Office
Price Upon Request
NOI $158,368.80 CAD
Sale Type Investment or Owner User
No. Parking Spaces 1
Sale Conditions Lease Option
Description
This 12th Floor unit with an atrium, skylight, entrance, and rooftop access, with natural light coming in from all sides, is just a few blocks from Penn Station. It is currently built out with semi separated office desks and built out private offices, one conference room, 3 bathrooms, and one shower. This space is perfect for the office, medical company or investor looking for a prime top floor unit! Landlord open to signing a 1 - 10 Year lease. **6% Co-Broke**<br> Call Eric at 917-755-0307<br> Monthly maintenance:<br> $2,247.92.&nbsp;&nbsp;<br> Taxes:<br> June 2022; $22,033.67<br> Dec 2022;&nbsp;&nbsp; $21,572.82<br> <br> **6% Co-Broke**</li></ul>
Sale Notes
Monthly maintenance:<br> $2,247.92.&nbsp;&nbsp;<br> Taxes:<br> June 2022; $22,033.67<br> Dec 2022;&nbsp;&nbsp; $21,572.82</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 58,292 SF
Property Type Office (Condo)
Property Subtype
Loft/Creative Space
  • Flex Showroom
  • FlexLight Distribution
Building Class C
Floors 12
Typical Floor Size 4,858 SF
Year Built 1912
Lot Size 0.11 AC
Parking Ratio 0.02/1,000 SF
Zoning M1-6 - Light industrial with offices, hotels, and most retail uses permitted

Amenities

  • Natural Light
  • Hardwood Floors
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100

Major Tenant Information Click Here to Access

TENANT SF Occupied LEASE END DATE
HD Sheldon 99,999 SF SF Jan 0000
  • Listing ID: 27309758

  • Date on Market: 2023-03-02

  • Last Updated:

  • Address: 143 W 29th St, New York, NY 10001

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